Hospitals involved in mergers and acquisitions are mostly seeking to "survive" or "remain open," according to a study from BRG.
Transactions & Valuation Issues
These nine contract resolutions and dissolutions occurred between payers and providers since early September, beginning with the most recent:
The Federal Trade Commission is expanding its retrospective review of mergers and acquisitions, using data from before and after a deal to assess whether the transaction affected prices, quality and consumer choice.
The sale of St. Louis-based St. Alexius Hospital has stalled amid an ongoing investigation into the quality of patient care at the facility, according to The St. Louis Dispatch.
Franklin, Tenn.-based Community Health Systems became the largest for-profit hospital operator in the nation in 2014 when it acquired Naples, Fla.-based Health Management Associates. Now, the company is selling off hospitals to pay down its debt.
UT Health San Antonio and University Health System in San Antonio have signed a memorandum of understanding to create an integrated health delivery system, according to KENS 5, a CBS affiliate.
Since Beaumont Health announced its intent to merge with Advocate Aurora Health in June, physicians, nurses and trustees of the Southfield, Mich.-based system have raised concerns about its leaders and the potential deal.
The Federal Trade Commission is urging Texas regulators to block Franklin, Tenn.-based Community Health Systems' planned divestiture of two hospitals in the state.
MarinHealth Medical Center and Anthem Blue Cross signed a new contract for the insurer's members to keep in-network access to services at the Greenbrae, Calif.-based hospital.
CentraState Healthcare System, a single-hospital system based in Freehold, N.J., has signed a letter of intent to join Atlantic Health System, a seven-hospital system based in Morristown, N.J.